The standard report 'Balance Sheet per Period' shows the totals of the income statement over a specified period. It groups revenues and expenses by category and shows the totals of debit, credit, and balance for each group. There is a distinction between different sub-levels, and the report includes options to suppress categories with no value. The goal is to provide insight into the financial performance of the organization during a specific period.

The standard report 'Trial Balance Sheet' displays a trial balance for a selected period. It shows the opening balance, totals of debit and credit entries, the balance, and the closing balance for each general ledger account. The data is grouped by categories and optionally by sub-levels. Totals are calculated per group, and there are options to suppress accounts or groups without transactions. The report supports financial control and preparation for further reporting.

A journal entry is a specific accounting registration within MKG that is used to record a financial transaction. It is a detailed accounting note that specifies the debit and credit entries to show the financial impact of a transaction on a company's general ledger accounts.

With the standard dashboard 'T-Balance', the ratio between equity and liabilities can be quickly and easily assessed, providing insight into the financial health of your company. The dashboard helps identify potential financial issues and determine liquidity and solvency.

Example entry 'Doubtful Debts' in the 'Allowance for Doubtful Accounts' journal after the actions 'Provisioning Outstanding Item' and 'Finish Provisioned Outstanding Item'. Transaction type 22 Doubtful Debts.

Example entry 'Internal Invoicing' in the journals 'Hours', 'Sales', and 'Purchase' following the action 'Internal Invoicing of hours in the source administration'. Transaction types 07 Hours, 03 Sales Cost Price, 14 Manual Sales Invoice, and 09 Purchase Invoice.

Example entry 'Revenue without Suspense Account' in the 'Sales (process)' journal after executing the 'Invoice' action. Transaction type 02 Sales invoice.

Example entry 'Revenue with suspense account' in the 'Sales (process)' journal after executing the 'Invoicing' and 'Cost Price Posting' actions. Transaction type 02 Sales invoice.

Example entry 'Installment Invoicing via Balance/Suspense Account' in the 'Sales (Installment Invoicing)' journal after executing the actions 'Installment Invoicing', 'Closing Installment without Known Cost Price', 'Cost Price Entry' and 'Closing Installment with Known Cost Price'. Transaction type 04 Sales Installment Invoice.

Example entry 'Cost Price' in the 'Sales (process)' journal after executing the 'Cost Price Posting' action. Transaction type 03 Sales Cost Price.

Example entry 'Installment invoicing without suspense account' in the 'Sales (Installment Invoicing)' journal after executing the actions 'Installment Invoicing' and 'Closing installment with or without known cost price'. Transaction type 04 Sales Installment Invoice.

Example entry 'Inventory Adjustments' in the 'Inventory Adjustments' journal after the action 'Inventory Revaluation'. Transaction type 17 Revaluation.

Example entry 'Receive Goods' in the 'Purchase (process)' journal after executing the actions 'Receive Goods' and 'Enter Invoice'. Transaction type 08 Purchase Receipt.

Example entry 'Invoice Receipt with Approval' in the 'Purchase (process)' journal after executing the actions 'Enter Invoice (goods)', 'Approve Invoice (goods)', and 'Enter Invoice (outsourcing)'. Transaction type 09 Purchase Invoice.

Example entry 'Invoice Receipt without Approval' in the 'Purchase (process)' journal after the actions 'Enter Invoice (goods)' and 'Enter Invoice (outsourcing)'. Transaction type 09 Purchase Invoice.

Example entry 'Outsourcing' in the 'Actual Costs Outsourcing' journal after the actions 'Approve Invoice' and 'Enter Invoice'. Transaction type 06 WIP Outsourcing.

Example entry 'Hours' in the 'Hours Processing' journal after the 'Process Definitively' action. Transaction type 07 Hours.

Example entry 'Material' in the journal 'Actual Costs Material' after the action 'Material issue on PO'. Transaction type 05 WIP Material.

Example entry 'Debtors' in the 'Bank' journal after executing the action 'Bank Entry'. Transaction type 10 Debtor Payment.

Example entry 'Report Financially Ready' in the 'Report Financially Ready' journal after the 'Report Financially Ready' action. Mutation type 16 Report Production Ready.